diff --git a/CHANGES.md b/CHANGES.md
index 368bdb896..39476f492 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,3 +1,51 @@
+## Changes in 25.05.0 (2025-05-06)
+
+### What's Changed
+
+✨ Features
+* Remove delivered notifications for rooms that have meantime become fully read by @stefanceriu in https://github.com/element-hq/element-x-ios/pull/4041
+
+🙌 Improvements
+* Show the kick/ban reason in the timeline. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4071
+* Rely on the room's info to decide whether a call ringing notification is outdated by @stefanceriu in https://github.com/element-hq/element-x-ios/pull/4078
+* Move where the developer options are shown and store them in the app settings by @stefanceriu in https://github.com/element-hq/element-x-ios/pull/4082
+
+🐛 Bugfixes
+* Dismiss room invite notifications when rejecting them from the home screen. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4074
+* Disable the composer when you don't have the power to post. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4076
+
+⚠️ API Changes
+* Remove the support email address from the OIDC configuration. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4059
+* Update the template screen to use the new(ish) Observation framework. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4077
+* Adopt StateStoreViewModelV2 in the authentication screens and some settings screens. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4083
+
+🗣 Translations
+* Translations update by @RiotRobot in https://github.com/element-hq/element-x-ios/pull/4068
+* Translations update by @RiotRobot in https://github.com/element-hq/element-x-ios/pull/4091
+
+🧱 Build
+* Run UI Tests on GH CI by @Velin92 in https://github.com/element-hq/element-x-ios/pull/4072
+* Run integration tests on GH CI by @Velin92 in https://github.com/element-hq/element-x-ios/pull/4073
+* Update SDK to 25.04.30 by @Velin92 in https://github.com/element-hq/element-x-ios/pull/4081
+* Fix the integration tests. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4084
+* Fix the UI tests. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4085
+* Run the UI & Integration tests once a day instead of twice with a 6 hour offset. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4086
+
+Others
+* Update the Enterprise submodule. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4064
+* Workflow filename name change by @bmarty in https://github.com/element-hq/element-x-ios/pull/4065
+* Remove the Learn More URL for the sliding sync proxy. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4070
+* Possible fix for flaky UI tests by @Velin92 in https://github.com/element-hq/element-x-ios/pull/4075
+* Updated SDK and improved report flow by @Velin92 in https://github.com/element-hq/element-x-ios/pull/4079
+* Add a tool (based on Periphery) that reports any unused strings. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4087
+* Update dependency fastlane to v2.227.2 by @renovate in https://github.com/element-hq/element-x-ios/pull/4092
+* Bump the version to 25.05. by @pixlwave in https://github.com/element-hq/element-x-ios/pull/4093
+
+### New Contributors
+* @bmarty made their first contribution in https://github.com/element-hq/element-x-ios/pull/4065
+
+**Full Changelog**: https://github.com/element-hq/element-x-ios/compare/release/25.04.4...release/25.05.0
+
 ## Changes in 25.04.4 (2025-04-22)
 
 ### What's Changed
diff --git a/ElementX.xcodeproj/project.pbxproj b/ElementX.xcodeproj/project.pbxproj
index 16690ca85..c601f695c 100644
--- a/ElementX.xcodeproj/project.pbxproj
+++ b/ElementX.xcodeproj/project.pbxproj
@@ -8267,7 +8267,7 @@
 				IPHONEOS_DEPLOYMENT_TARGET = 17.6;
 				KEYCHAIN_ACCESS_GROUP_IDENTIFIER = "$(DEVELOPMENT_TEAM).$(BASE_BUNDLE_IDENTIFIER)";
 				MACOSX_DEPLOYMENT_TARGET = 14.6;
-				MARKETING_VERSION = 25.05.0;
+				MARKETING_VERSION = 25.05.1;
 				MTL_ENABLE_DEBUG_INFO = NO;
 				MTL_FAST_MATH = YES;
 				PRODUCTION_APP_NAME = Element;
@@ -8343,7 +8343,7 @@
 				IPHONEOS_DEPLOYMENT_TARGET = 17.6;
 				KEYCHAIN_ACCESS_GROUP_IDENTIFIER = "$(DEVELOPMENT_TEAM).$(BASE_BUNDLE_IDENTIFIER)";
 				MACOSX_DEPLOYMENT_TARGET = 14.6;
-				MARKETING_VERSION = 25.05.0;
+				MARKETING_VERSION = 25.05.1;
 				MTL_ENABLE_DEBUG_INFO = INCLUDE_SOURCE;
 				MTL_FAST_MATH = YES;
 				ONLY_ACTIVE_ARCH = YES;
diff --git a/project.yml b/project.yml
index 6e7ee9442..88fd971db 100644
--- a/project.yml
+++ b/project.yml
@@ -40,7 +40,7 @@ settings:
   ENABLE_BITCODE: false
   APP_NAME: ElementX
   KEYCHAIN_ACCESS_GROUP_IDENTIFIER: "$(DEVELOPMENT_TEAM).$(BASE_BUNDLE_IDENTIFIER)"
-  MARKETING_VERSION: 25.05.0
+  MARKETING_VERSION: 25.05.1
   CURRENT_PROJECT_VERSION: 1
   SUPPORTS_MACCATALYST: false